Opera Idaho Inc
- Assets
- $684.8k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 40
- Location
- Boise, ID
- Founding
- 05/1975
- Data as of
- 06/2022
- EIN
- 23-7331238
Organization Overview
Opera Idaho Inc is located in Boise, ID. The organization was established in 1975. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Opera Idaho Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opera Idaho Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Opera Idaho Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 9.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IT IS THE MISSION OF OPERA IDAHO, INC. TO FUND AND PRODUCE PROFESSIONAL QUALITY OPERA IN BOISE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERA PERFORMANCES: CLASSIC GRAND OPERA, OPERETTAS, AND THE OCCASIONAL MUSICAL COMEDY.
EDUCATIONAL OUTREACH: OPERA IDAHO CHILDREN'S CHORUS AND YOUNG ARTISTS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Junkert General Director | Officer | 40 | $89,550 |
Leslie Garrett President | OfficerTrustee | 10 | $0 |
Vicki Kreimeyer Vice President | OfficerTrustee | 2 | $0 |
Victoria Sunderland Secretary | OfficerTrustee | 2 | $0 |
Lynne Mattison Treasurer | OfficerTrustee | 2 | $0 |
Carol Nie Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,980 |
| Related organizations | $0 |
| Government grants | $361,184 |
| All other contributions, gifts, grants, and similar amounts not included above | $601,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,006,842 |
| Total Program Service Revenue | $195,406 |
| Investment income | $200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$249 |
| Net Income from Fundraising Events | $96,801 |
| Net Income from Gaming Activities | $75,269 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,374,269 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,550 |
| Compensation of current officers, directors, key employees. | $26,865 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,448 |
| Payroll taxes | $33,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $365,353 |
| Advertising and promotion | $90,209 |
| Office expenses | $9,704 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,663 |
| Travel | $18,292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $444 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,000 |
| Insurance | $5,397 |
| All other expenses | $7,044 |
| Total functional expenses | $1,258,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,414 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $291,274 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,486 |
| Prepaid expenses and deferred charges | $21,173 |
| Net Land, buildings, and equipment | $29,496 |
| Investments—publicly traded securities | $91,856 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,056 |
| Total assets | $684,755 |
| Accounts payable and accrued expenses | $44,559 |
| Grants payable | $0 |
| Deferred revenue | $63,315 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $107,874 |
| Net assets without donor restrictions | $448,825 |
| Net assets with donor restrictions | $128,056 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $684,755 |